Here is a longer term (slower volume bar chart).
Top Portion:
2401 Volume Bars
You can faintly see the session lines in the background.
Price and Description labels are created in real time and are based on the "Extreme (Prime) Oscillations" from the next fastest chart increment (343 VBC) in this particular case. These oscillations show the perfect trading waves in-between the "Extreme (Prime) Oscillations".
Currently Long with a 59.500 STOP and a 62.500 TARGET. I am confident that price will go UP, just not that it will Breach 62.500 because it is fighting the Divergent Trend Price Resistance top that was created there. Trend on this PARTICULAR chart is a BEAR. Trends are chart SPECIFIC in my world.
Bottom Portion:
Ergodic Indicator
Blue to Red = Verifying a top oscillation has been created
Red to Blue = Verifying a bottom oscillation has been created
Top created =/> than top horizontal Black line = Prime Resistance
Bottom created =/> than bottom horizontal Black line = Prime Support
Price and Description labels are created in real time and are based on these "Extreme (Prime)Oscillations" from this particular chart and are what defines the TREND OSCILLATIONS.
The Histogram is simply the slope of Price inside each oscillation.
The "Prime Bear" label is created, in real time, and tracked by the labeling program.
I add the Trend lines for those individuals that don't realize price only goes up and down. They serve no purpose. Price is always either coming from, or creating Prime Resistance or Prime Support . . . impossible to do anything else.
